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Compare Finpari vs. CherryTrade

Selecting the right binary option trading srevice for your company is difficult with a lot of functions, options, and terms to consider. However, relying on our review directory will help you to cut down the selection process by reading all major brokers in one location. As an illustration, you can compare Finpari and CherryTrade for their functions and overall scores, in this case, 8.0 and 8.1, respectively. Similarly, you can check which service has superior general user satisfaction rating: 100% (Finpari) and 100% (CherryTrade) to learn which solution is the better option. Don’t simply pick the solution with the lowest minimum deposit, but the solution that gives the most cost-effective value.

Compare

Finpari

VS

CherryTrade

VS

Score

Our Score

8.0 ?

Our Score

8.1 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

100% ?

Minimum Deposit

$250

$200

Accepts US Clients

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Detailed Review

Description

Finpari uses the latest version of the SpotOption trading platform, a very popular and widely used platform implemented by many binary options traders all over the world. SpotOption boasts an impressive and intelligent interface plus an array of basic and advanced trading tools that traders love to use. On top of that, SpotOption is so easy to use that novice traders can easily pick up on the system and go on full blast after a short learning process.

SpotOption is now available for mobile devices, specifically Android and Apple iOS smartphones and tablets. The mobile app allows instant execution of trades, shows live charts of all the available options on the platform, and enables traders to view their entire trade history.

CherryTrade uses the SpotOption trading platform. A popular trading platform option among binary brokers, SpotOption flaunts a relatively easy to use interface and is loaded with basic and advanced features that novice traders will be able to learn to use in no time. SpotOption is now available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The platform is 100% web-based which means you don’t have to download any software. It can be accessed anywhere in the world. You can quickly access all your transactions – deposits, withdrawals, and trading portfolio – in the ‘My Account’ section. The maximum amount you can invest per individual trade is $5000.

Assets

Forex, Indices, Stocks, Commodities Forex, Indices, Stocks, Commodities

Trading Accounts

Finpari offers three types of trading accounts:

Bronze Account

  • Withdrawals in 1 hour
  • Bonus +20%
  • Trading course (book and video)
  • Demo account

Silver Account

  • Withdrawals in 1 hour
  • Bonus +50%
  • Trading course (book and video)
  • Demo account
  • Master class (web session)
  • First 3 risk free trades
  • Trading protection

Gold Account

  • Withdrawals in 1 hour
  • Bonus +100%
  • Trading course (book and video)
  • Demo account
  • Master class (web session)
  • First 3 risk free trades
  • Trading protection
  • Swiss prepaid card
  • Individual account manager

Finpari also offers a fixed income account for active clients.

CherryTrade offers five types of accounts:

Classic Account – Deposit 200+

  • 20% welcome bonus
  • Junior broker
  • Level 1 education center

Pro Account – Deposit 2,500+

  • 35% welcome bonus
  • Executive broker
  • 1-on-1 basic training – 1 hour
  • Level 1+2 education center
  • General trading signals

Gold Account – Deposit 6,500+

  • 70% welcome bonus
  • Executive broker
  • Risk free trades x3
  • 1-on-1 advanced training – 3 hours
  • Level 1-3 education center
  • General trading signals

VIP Account – Deposit 50,000+

  • 50% welcome bonus
  • Executive broker + analyst
  • Risk free trades x5
  • 1-on-1 analyst sessions – 7 hours
  • Level 1-4 education center
  • Personalized trading signals

Corporate Account – Deposit 100,000+

  • 30% welcome bonus
  • Executive broker + analyst
  • Risk free trades x10
  • 1-on-1 analyst sessions – Unlimited
  • Full education center
  • Personalized trading signals

Comission

No
No

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: Yes

Trade Types

Finpari offers the following trade types:

  • Binary Options
  • Pairs
  • Long Term
  • Sixty Seconds
  • Ladder
  • One Touch
  • Spot Follow

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
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Payout ratios

Finpari offers returns of up to 83%.

 

CherryTrade offers payout up to 85%.

Email

support@finpari.com support@cherrytrade.com

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian
Customer Service Hours: Finpari offers 24/7 customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Chinese, Japanese, Italian, Arabic, Dutch, Swedish
Customer Service Hours: CherryTrade provides 24/7 customer support.
Place Trades Over the Phone?: Yes

Deposit Options

Webmoney, PayPal, Credit Card, Debit Card, Bank Wire Transfer, Neteller Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Phone

+1-646-8849563 917-775-0324

Payouts Percentage

83%

85%

Withdrawal Options:

Webmoney, PayPal, Credit Card, Debit Card, Bank Wire Transfer, Neteller Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Located In

Seychelles Gibraltar, European Union

Place Trades Over Phone

No
Yes
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The apps examined on this page are merely a small sample of our complete Binary Options Brokers category and you should keep in mind that there could be more desirable services available. If you want to make sure you make the best possible choice for your team we strongly suggest that you try out more services first. You may also want to check out our top 10 Binary Options Brokers ranking to learn which software are at the moment the highest-rated ones and dominate the market.